Background on Grupo Aeroportuario del Sureste (ASUR)
Grupo Aeroportuario del Sureste (ASUR) is a prominent Mexican airport operator, managing and operating 13 airports in Mexico’s southeast region. Under the leadership of Fernando Chico Pardo, ASUR has established itself as a significant player in the Latin American aviation sector.
ASUR’s Interest in Motiva Infraestrutura de Mobilidade
ASUR has expressed its interest in acquiring Motiva Infraestrutura de Mobilidade, formerly known as CCR. Motiva is a leading Brazilian transportation and infrastructure operation company, with a presence in highways, airports, and metro systems across Brazil and other countries.
Details of the Proposed Acquisition
In a communication sent to the Mexican Stock Exchange (BMV), ASUR disclosed that it has submitted a formal offer to Motiva to acquire its stake in airports located in Brazil, Ecuador, Curacao, and Costa Rica. However, no binding agreement has been signed yet.
According to sources close to the deal, ASUR’s offer surpasses those from Spanish operator Aena and Argentine company Corporación América Aeropuertos (CAAP) for the 17 Brazilian airports and Motiva’s international assets in Quito, San Jose de Costa Rica, and Curacao.
ASUR’s offer values these assets at approximately 5,000 million reals (around 925 million USD), excluding debt.
Motiva Infraestrutura de Mobilidade Overview
Motiva, led by its General Director Miguel Setas, manages and maintains an extensive network of highways, airports, and urban transportation systems, including metros, trains, trams, and ferries across several Latin American countries.
During Motiva’s third-quarter results presentation, Setas mentioned that the company anticipates announcing the sale of its assets before the end of 2025.
Impact on the Aviation Industry
ASUR’s potential acquisition of Motiva’s assets would further solidify its position in the Latin American aviation sector. With a combined network of airports and transportation systems, ASUR would be well-positioned to offer integrated services and enhance connectivity across the region.
Key Questions and Answers
- Who is Grupo Aeroportuario del Sureste (ASUR)? ASUR is a Mexican airport operator managing and operating 13 airports in Mexico’s southeast region.
- What is Motiva Infraestrutura de Mobilidade? Motiva is a leading Brazilian transportation and infrastructure operation company with a presence in highways, airports, and metro systems across Brazil and other countries.
- What assets is ASUR interested in acquiring from Motiva? ASUR aims to acquire Motiva’s stake in airports located in Brazil, Ecuador, Curacao, and Costa Rica.
- What is the estimated value of the proposed acquisition? ASUR’s offer values Motiva’s targeted assets at approximately 5,000 million reals (around 925 million USD), excluding debt.
- When does Motiva expect to announce the sale of its assets? Motiva’s General Director, Miguel Setas, stated that the company anticipates announcing the sale of its assets before the end of 2025.
